49 Mill Street, Milton

Price: $1,399,000

3 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W12961160

Welcome to 49 Mill Street - a timeless residence where heritage, craftsmanship, and modern refinement converge in the heart of downtown Milton. Originally built in 1865 and thoughtfully re-built by the Bertoli Family in 1951, this distinguished home with over 3,000 sq ft of living space has been carefully preserved and enhanced through further renovations in 2005, offering a rare opportunity to own a piece of local history elevated for contemporary living. Set on an impressive, pool-sized lot, the property offers exceptional outdoor potential while maintaining privacy and charm in one of Milton's most established neighbourhoods. A generous driveway provides parking for up to six vehicles-an uncommon convenience for a central location. Inside, the home showcases a seamless blend of character and modern updates. Timeless architectural elements reflect its rich past, while the 2005 renovations introduced thoughtful enhancements designed for today's lifestyle. Bright, well-proportioned living spaces create an inviting atmosphere ideal for both everyday living and entertaining. Each room offers a sense of warmth and authenticity, paired with the functionality expected in a refined home. The layout provides versatility for families, professionals, or those seeking a unique property with personality and presence. Whether hosting guests or enjoying quiet evenings at home, the space adapts effortlessly to your needs. Located just steps from Milton's vibrant downtown core, residents enjoy walkable access to boutique shops, restaurants, parks, and scenic trails, along with convenient proximity to GO Transit and major highways for commuting. 49 Mill Street is more than a home-it is a legacy property, offering historic significance, modern comfort, and exceptional future potential in a truly coveted setting. Key features: new furnace (2026), A/C (2025), HWT owned (2013) Roof (2022). Fresh paint throughout (2026).

49 Mill Street - Detached photo 1 of 36 in Milton, Ontario
49 Mill Street - Detached photo 2 of 36 in Milton, Ontario
49 Mill Street - Detached photo 3 of 36 in Milton, Ontario
49 Mill Street - Detached photo 4 of 36 in Milton, Ontario
49 Mill Street - Detached photo 5 of 36 in Milton, Ontario
49 Mill Street - Detached photo 6 of 36 in Milton, Ontario
49 Mill Street - Detached photo 7 of 36 in Milton, Ontario
49 Mill Street - Detached photo 8 of 36 in Milton, Ontario
49 Mill Street - Detached photo 9 of 36 in Milton, Ontario
49 Mill Street - Detached photo 10 of 36 in Milton, Ontario
49 Mill Street - Detached photo 11 of 36 in Milton, Ontario
49 Mill Street - Detached photo 12 of 36 in Milton, Ontario
49 Mill Street - Detached photo 13 of 36 in Milton, Ontario
49 Mill Street - Detached photo 14 of 36 in Milton, Ontario
49 Mill Street - Detached photo 15 of 36 in Milton, Ontario
49 Mill Street - Detached photo 16 of 36 in Milton, Ontario
49 Mill Street - Detached photo 17 of 36 in Milton, Ontario
49 Mill Street - Detached photo 18 of 36 in Milton, Ontario
49 Mill Street - Detached photo 19 of 36 in Milton, Ontario
49 Mill Street - Detached photo 20 of 36 in Milton, Ontario
49 Mill Street - Detached photo 21 of 36 in Milton, Ontario
49 Mill Street - Detached photo 22 of 36 in Milton, Ontario
49 Mill Street - Detached photo 23 of 36 in Milton, Ontario
49 Mill Street - Detached photo 24 of 36 in Milton, Ontario
49 Mill Street - Detached photo 25 of 36 in Milton, Ontario
49 Mill Street - Detached photo 26 of 36 in Milton, Ontario
49 Mill Street - Detached photo 27 of 36 in Milton, Ontario
49 Mill Street - Detached photo 28 of 36 in Milton, Ontario
49 Mill Street - Detached photo 29 of 36 in Milton, Ontario
49 Mill Street - Detached photo 30 of 36 in Milton, Ontario
49 Mill Street - Detached photo 31 of 36 in Milton, Ontario
49 Mill Street - Detached photo 32 of 36 in Milton, Ontario
49 Mill Street - Detached photo 33 of 36 in Milton, Ontario
49 Mill Street - Detached photo 34 of 36 in Milton, Ontario
49 Mill Street - Detached photo 35 of 36 in Milton, Ontario
49 Mill Street - Detached photo 36 of 36 in Milton, Ontario
active
1/36

$1,399,000 - 49 Mill Street, Milton

Detached for Sale in Milton

3Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
W12961160
Property Type
Detached
Status
active
Days on Site
24
Bedrooms
3
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Milton
Listing Brokerage
Royal LePage Meadowtowne Realty Inc., Brokerage
Description

Welcome to 49 Mill Street - a timeless residence where heritage, craftsmanship, and modern refinement converge in the heart of downtown Milton. Originally built in 1865 and thoughtfully re-built by the Bertoli Family in 1951, this distinguished home with over 3,000 sq ft of living space has been carefully preserved and enhanced through further renovations in 2005, offering a rare opportunity to own a piece of local history elevated for contemporary living. Set on an impressive, pool-sized lot, the property offers exceptional outdoor potential while maintaining privacy and charm in one of Milton's most established neighbourhoods. A generous driveway provides parking for up to six vehicles-an uncommon convenience for a central location. Inside, the home showcases a seamless blend of character and modern updates. Timeless architectural elements reflect its rich past, while the 2005 renovations introduced thoughtful enhancements designed for today's lifestyle. Bright, well-proportioned living spaces create an inviting atmosphere ideal for both everyday living and entertaining. Each room offers a sense of warmth and authenticity, paired with the functionality expected in a refined home. The layout provides versatility for families, professionals, or those seeking a unique property with personality and presence. Whether hosting guests or enjoying quiet evenings at home, the space adapts effortlessly to your needs. Located just steps from Milton's vibrant downtown core, residents enjoy walkable access to boutique shops, restaurants, parks, and scenic trails, along with convenient proximity to GO Transit and major highways for commuting. 49 Mill Street is more than a home-it is a legacy property, offering historic significance, modern comfort, and exceptional future potential in a truly coveted setting. Key features: new furnace (2026), A/C (2025), HWT owned (2013) Roof (2022). Fresh paint throughout (2026).

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,188.25/mo

$
$
5%20%50%

5-yr fixed avg.

Principal: $1,119,200Interest: $737,275
Mortgage Amount$1,119,200
Total Interest$737,275
Est. Property Tax$991/mo
Total Cost$1,856,475

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

Ready to get pre-approved?

Know your exact budget before you start house hunting.

Neighbourhood Guide: Milton

Discover Milton

Milton is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Milton

  • Convenient location in Milton
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Craig Kielburger Secondary SchoolPublic High School
Milton District High SchoolPublic High School
Bishop Reding Catholic Secondary SchoolCatholic High School
Jean Vanier Catholic Secondary SchoolCatholic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Milton offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

49 Mill Street, Milton

Open in Google Maps

Use the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.

Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,150/mo
Range: $2,678 - $3,622
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,150
Maintenance Fees-$0
Property Tax (est.)-$991
Insurance (est.)-$291
Net Cash Flow+$1,868

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $560/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 24 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Detached Home Advantages

Detached homes in Milton are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Milton Lifestyle

Milton offers a balance of urban convenience and suburban tranquility. Growing families appreciate the newer schools and community feel. The GO Train provides reasonable Toronto access. Home values have appreciated steadily as families seek alternatives to Toronto's density and pricing.

Recently Sold Nearby

Recent sales in Milton to help you understand market values

Similar Properties Nearby

Active listings in Milton with similar features

Search
Log in